Powersource Projects Limited
- Active
- Small
- Holding
- 24 years
- 4 employees
- £1,883,008 (assets)
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Belvedere
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Powersource Projects Ltd, based in Belvedere, UK, is a small holding company with an active status. Established 24 years ago in November 2000, it employs just four people and holds £1,883,008 in assets. The company, with three directors and one owner, operates from a real address and boasts a solid track record, having imported electrical machinery and equipment for 17 months and exported for an impressive 328 months—the latest activity recorded in March 2025.
The company’s website reveals a broader network of businesses under the Bells Power Group umbrella. While Powersource focuses on project management and procurement, the group encompasses a diverse range of services, including generator sales and servicing (Bells Power Solutions), specialist pipework and steel fabrication (Bells MES), control panel design and build (Bells Power Control Systems), and even virtual design and engineering (Bells Digital). The website showcases a commitment to quality and customer service, with a focus on delivering bespoke solutions across various sectors. It's clear that Powersource acts as a key component within this larger, established group.
Financially, Powersource Projects Ltd presents a mixed picture. While current assets decreased by 15% to £1,900,000, net assets grew slightly to £390,000. However, bank borrowings increased significantly, with overdrafts rising by 2,400% to £29,000, and cash reserves plummeted 45% to £310,000. Trade debtors also decreased by 43%, suggesting slower payments from customers. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decline in cash and increase in debt warrants attention. The absence of an auditor mentioned (likely exempt due to its size) means the figures are unaudited, and reliance is placed on director-reported data. It seems like the company is facing some financial challenges, but it's also benefiting from being part of a larger, more established group.
Registered in England/Wales under the registration number 04102249, with a registered address at DA17 6AH, England, Belvedere, Unit 8 Belvedere Business Park, Crabtree Manorway South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 1 year
- 7
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 9
-
Resident of United Kingdom
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 9
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Director's details changed for Mr James Martin Murphy on 2025-09-09Download 2 pages pdf report
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Total exemption full accounts made up to 2024-06-30Download 8 pages pdf report
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Confirmation statement made on 2024-10-09 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Powersource Projects Limited
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